Norfolk Southern (NS) announced that it has filed its definitive proxy materials with the Securities and Exchange Commission (SEC) and will hold its 2024 Annual Meeting of Shareholders on May 9. Shareholders
Union Pacific’s (UP) added labor expense this year, combined with lower business volumes and increased operating costs, “will likely result in a full-year 2023 operating ratio that exceeds 2022 levels,” according to the Class I railroad’s June 13 Securities and Exchange Commission (SEC) filing.
Canadian Pacific’s SEC filing asking Kansas City Southern shareholders to vote against the proposed CN-KCS combination is “part of an effort to defeat a transaction that offers KCS shareholders $50 per share more than CP was willing to offer,” KCS said in an Aug. 2 statement.
